Facilities lease agreements signed by the founder that document various roles as lessee and lessor with no
verifiable authorization from the governing board. (Annual lease for AIPCS II facility is currently $280,350;
amounts for the other AIMS schools are about the same.)
o Large expenditures for construction projects that lack any support documentation or authoriza- tion by
the governing board and corresponding checks signed by the founder to his personal business for these
construction expenditures. (AIMS board minutes report construction expenditures of $500,000 to
date.)
o Entries for the founder’s life insurance, payroll and additional CalPERS paid to on behalf of the founder
during a time when former employees and the founder indicate that the founder was not affiliated with
the day-to-day business and was instead only the landlord. (Salary of $100,000 per year reported to
OCS.)
o The founder’s wife has a separate outside services contract with the organization to perform back-office
bookkeeping and exists as an employee on the charter schools payroll records during the same time frame.
(Service contract reportedly $150,000 per year.)
o Department of Motor Vehicle fees paid with school funds when the school has no vehicles.
o A check payable to the Arizona Commission for expedition services related to a charter petition
o unrelated to AIMS Charter Schools in Oakland, CA.
o Multiple checks to a former board member for various services.